Edited to add: Clarification required in the title that the free energy is only between 11am and 2pm
Very interested to see how this turns out. Ultimately we want the transition to benefit both consumers and producers / distributors (the industry). The problem from the rapid uptake of solar in Australia has been an over-supply during this 10/11am to 2/3pm period. If that over-supply is suitably encouraged to be soaked up then hopefully consumers can reduce their power bills whilst the industry has less effort in managing the oversupply and less stress on infrastructure.
It's also about time that those who lack the means or situation to have solar panels of their own can get some advantage, in a 'herd immunity' kind of way.
I'm in the privileged position to have had solar panels for over a decade, and now have a battery as well, and it was very obvious to me at the time that, in regards to solar, it cost money to save money, so if you couldn't afford it then the savings are inaccessible.
This change hopefully helps those who need it, at least somewhat.
Surprised they’re putting everyone on same timeslot. Would have expected some staggering to be helpful
I find it amusing that back when solar and wind were niche and expensive the coal + oil lobby would lobby for "let the free market decide what to build".
When solar + wind plunged in price they stopped saying it.
Now that the market has driven down the price of solar, wind and storage, market based mechanisms have become ideal for solving the problem of what to do with surplus electricity.
The change certainly brings in some weirdness too.
For instance, I'm looking at a new hot water system. Economically speaking, I'm better off buying an oversized tank using resistive heating that I only need to heat once per day. The grid provides free power and I buy a cheaper appliance. But environmentally it sucks, as more solar needs to be rolled out to cover the additional non-peak usage (guess about 6x the power usage of a smaller tank with heatpump).